Campbell Soup Co. (NYSE: CPB) has completed the acquisition of Kelsen Group A/S, a producer of baked snacks under the Kjeldsens and Royal Dansk brands, from private equity firm Maj Invest, a Copenhagen-based private equity firm that invests in Danish companies, for undisclosed terms.

Based in Nørre Snede, Denmark, Kelsen produces baked snacks that are sold in 85 countries around the world. Primary brands include Kjeldsens and Royal Dansk. Kelsen has established distribution networks in Asia, South America, the Middle East and Africa, as well as the U.S. Kelsen has been exporting Danish butter cookies to China for more than 20 years.

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